The other big takeaway I got from yesterdays presentation is the obvious: “How switched on are they!”
They truly are leaders in their respective fields.
They are well aware that just being the first and best is not enough. That was excellent to hear!
I hope the Management Team is respected enough that every time the SP fluctuates a little shareholders can stop with the cheap shots and appreciate that the Team is doing their best: “And they know best!”
The Management Team is focussed on the business of selling IP. Once that is in full flight and has become uquitious the SP will take care of itself hence the statement, “The shareprice does what the shareprice does.”
My final point was the way they spoke of ecosystems.
The Team understand and are forging ahead with ecosystems to enable the uptake of the ip.
Otherwise it‘s like trying to sell a hammer but you don’t have nails to go with, or a knife with no fork.
By putting Akida IP into ecosystems they can sell a working system which takes the work out of the individual companies having to do it.
Both ARM and SiFive are massive in this regard. They are both going to be fighting for the competitive edge and Akida is the current weapon of choice!
Another example would be to sell a video player but not TV’s. You can’t just take a video player home and watch a movie (ignoring Netflix etc).
So the ecosystem would be selling the video player TV combination. A working model which can be taken up quickly by the manufacturer to onsell the final product to the consumer.
Obviously the larger companies e.g. Valeo/Mercedes etc have their own engineers and will make their own magic (systems) to put in their own products.
Hence the different versions of current customers.
But we are getting closer and closer to the customer who will actually be selling to consumers; e.g. cars, cctv camera’s, phones, drones, underwater drones, sensors, medical devices etc etc.
That is when the SP will well and truly take off!
They are well and truly kicking goals. I’m so jealous I couldn’t make it to the AGM. I would have enjoyed meeting them all immensly and I love thanking those that truly deserve praise and respect for the work they have done and are currently doing.
Cheers